In just six weeks, the global energy paradigm has flipped. What a decade of climate summits, net-zero pledges, and green industrial policy could not achieve, Iran’s effective closure of the Strait of Hormuz—and the raw reality of AI’s insatiable power hunger—has done in a flash. Energy security is no longer a side note; it is […]
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In a significant move signaling renewed foreign investment in Venezuela’s oil sector, Chevron has executed a strategic asset swap with Petróleos de Venezuela S.A. (PDVSA) and its subsidiaries. Announced on April 13, 2026, and signed in Caracas in the presence of interim President Delcy Rodríguez, the deal allows Chevron to sharpen its focus on high-value […]
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For years, net-zero advocates have pointed to Levelised Cost of Energy (LCOE) charts from Lazard, IRENA, and government reports to claim that wind and solar are now the cheapest forms of electricity. These models supposedly prove renewables beat gas, coal, or nuclear on cost. But as Energy News Beat has long argued, this narrative is […]
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ENB Pub Note: This article was first published on the California Globe, and I will be interviewing Mike Ariza tomorrow with Professor Mische and David Blackmon on this crisis. California’s Oil and Gas Crisis: From Military Threat to Mass Starvation Since 2023, California’s policies have resulted in a loss of 700,000 barrels per day, or […]
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ENB Pub Note: This is a huge announcement from the DOE, EPA, and the DOI. We need more natural gas pipelines, or we aren’t going to make it, and I am pleasantly shocked that it is happening in New York. Great job! Contact Information EPA Press Office (press@epa.gov) NEW YORK – Today, U.S. Environmental Protection Agency […]
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President Donald Trump’s naval blockade of the Strait of Hormuz is reshaping global oil flows in America’s favor. By choking off roughly 2 million barrels per day of Iranian crude—much of it headed to China—the U.S. is opening the door for American producers to capture massive new market share. U.S. crude exports are on track […]
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As the U.S.-imposed blockade of Iranian ports in the Strait of Hormuz enters its critical phase, global oil and LNG supply chains are in chaos. Tankers are idled, LNG prices have spiked, and energy-short nations in Asia and Europe are scrambling for alternatives. The result? Coal—reliable, abundant, and easy to stockpile—is surging back into favor […]
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The 2026 Iran conflict, which escalated in late February with U.S.-Israeli strikes and Iranian retaliation—including the effective closure of the Strait of Hormuz and attacks on energy infrastructure—has triggered the largest supply disruption in global oil market history. Nearly 20% of the world’s oil and significant LNG volumes have been taken offline, sending Brent crude […]
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ENB Pub Note: This article was originally run on OilPrice.com. Stu Turley will be interviewing Dan Doyle in a week or so, and covering the book and insights into the oil industry. A sustained oil supply shock and higher prices are rapidly reigniting U.S. drilling activity, reversing earlier expectations of a muted shale response. Oilfield […]
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As the 2026 Iran War continues to ripple through global energy markets—particularly with disruptions tied to the Strait of Hormuz—policymakers, energy producers, and consumers are closely watching the inflationary fallout. A timely new working paper from the Federal Reserve Bank of Dallas provides a rigorous, scenario-based framework for quantifying exactly how oil price shocks from […]
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